Mohawk Industries Q3 2024 Adj. EPS $2.90 Beats $2.89 Estimate, Sales $2.719B Beat $2.700B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mohawk Industries reported Q3 2024 earnings per share of $2.90, slightly surpassing the analyst estimate of $2.89. The company's sales were $2.719 billion, also beating the estimate of $2.700 billion, despite a 1.70% decrease from the previous year.
October 24, 2024 | 8:10 pm
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Mohawk Industries reported Q3 2024 earnings per share of $2.90, slightly surpassing the analyst estimate of $2.89. The company's sales were $2.719 billion, also beating the estimate of $2.700 billion, despite a 1.70% decrease from the previous year.
Mohawk Industries' earnings and sales both slightly exceeded analyst expectations, which is generally positive for the stock price. However, the year-over-year sales decline may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100